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American2Day

News and opinion for Michigan, Eaton County, and the Mulliken area

American2Day

News and opinion for Michigan, Eaton County, and the Mulliken area

Money

Stocks face jobs data and earnings after volatile week

U.S. employment data and a heavy round of corporate earnings are set to test a stock market unsettled by geopolitical tensions, unclear interest-rate policy and sharp moves in major technology shares.

The S&P 500 gained for the week despite large daily swings and stood about 1.6% below its June 2 record high. The index remains up more than 9% in 2026.

Investors are watching the July jobs report, due Aug. 7, after the Federal Reserve left interest rates unchanged this week in a decision that included three dissents favoring a hike. A Reuters poll expects 83,000 jobs added and a 4.3% unemployment rate.

More than one-quarter of S&P 500 companies are due to report results next week. Overall second-quarter earnings are tracking toward a 29.3% adjusted gain from a year earlier, according to LSEG IBES data.

Read the full story at lufkindailynews.com.

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